Summit Securities Group LLC Sells 1,394 Shares of GE Aerospace $GE

Summit Securities Group LLC decreased its holdings in shares of GE Aerospace (NYSE:GE) by 89.0% in the 1st quarter, Holdings Channel reports. The firm owned 172 shares of the company’s stock after selling 1,394 shares during the period. Summit Securities Group LLC’s holdings in GE Aerospace were worth $49,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of GE. Blueline Advisors LLC purchased a new position in GE Aerospace in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC bought a new position in shares of GE Aerospace in the 4th quarter worth $31,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace during the 4th quarter valued at $32,000. Lifetime Wealth Management P.C. purchased a new stake in shares of GE Aerospace during the 4th quarter valued at $40,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in shares of GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after acquiring an additional 59 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace News Roundup

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: Investors are positioning for a strong July 16 earnings report, with expectations for revenue and EPS growth and the possibility of another beat. Top Wall Street Forecasters Revamp GE Aerospace Expectations Ahead Of Q2 Earnings
• Positive Sentiment: Analysts and commentators say GE’s defense and propulsion unit is benefiting from strong orders, major contracts, and rising military demand. Will Strength in Defense & Propulsion Unit Continue to Drive GE’s Momentum?
• Positive Sentiment: GE Aerospace is being described as a high-quality industrial name with a strong installed base and consistent service revenue, supporting investor confidence. GE Aerospace (GE) Rallied Amid Investors’ Confidence
• Neutral Sentiment: Some investors are warning that the stock’s sharp run means valuation matters, and much of the optimism may already be priced in. GE Aerospace: Great Company, But Price Matters
• Neutral Sentiment: Broader coverage has kept GE Aerospace in the spotlight, with traders focused on whether earnings can extend the stock’s current momentum. GE Aerospace Is a No-Brainer Buy Before July 16 Earnings. Here’s Why

GE Aerospace Trading Up 0.1%

Shares of GE Aerospace stock traded up $0.29 during trading on Friday, reaching $359.33. The company’s stock had a trading volume of 2,334,269 shares, compared to its average volume of 4,698,848. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 52-week low of $251.40 and a 52-week high of $382.97. The firm’s 50-day moving average is $330.74 and its two-hundred day moving average is $317.23. The company has a market cap of $374.90 billion, a price-to-earnings ratio of 44.25, a PEG ratio of 3.18 and a beta of 1.35.

GE Aerospace (NYSE:GE) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. The company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm’s revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, sell-side analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be issued a $0.47 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s payout ratio is currently 23.15%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. BNP Paribas Exane reduced their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. President Capital dropped their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Wells Fargo & Company began coverage on GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price objective for the company. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Finally, Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $360.33.

GE Aerospace Profile

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.